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Europe thinks the unthinkable on Greece

Men withdraw money from an ATM in AthensBRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, as European share prices tumbled and Germany warned of continuing financial turmoil. German Finance Minister Wolfgang Schaeuble, one of Greece's harsher critics, said market unrest fuelled by the euro zone debt crisis could last another year or two. "Regarding the crisis of confidence in the euro ... in 12 to 24 months we will see a calming of the financial markets," he said. ...


FACEBOOK IPO LIVE: The social network goes public

Electronic screens inside the Nasdaq stock market announce the listing of Facebook shares before the start of trading, Friday, May 18, 2012 in New York. The world's definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion. (AP Photo/Mark Lennihan)It's Facebook's big day.


FACEBOOK IPO LIVE: The social network goes public

Electronic screens inside the Nasdaq stock market announce the listing of Facebook shares before the start of trading, Friday, May 18, 2012 in New York. The world's definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion. (AP Photo/Mark Lennihan)It's Facebook's big day.


Facebook IPO: Who is selling stock?

Facebook Inc. sold 180 million of its shares in its initial public stock offering. Another 241.2 million came from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg.

Jurors in Edwards trial will resume talks Monday

Former presidential candidate and Sen. John Edwards arrives at a federal courthouse in Greensboro, N.C., Thursday, May 17, 2012. Edwards has pleaded not guilty to six counts related to campaign finance violations over nearly $1 million from two wealthy donors used to help hide the Democrat's pregnant mistress as he sought the White House in 2008. (AP Photo/Gerry Broome)A jury deliberated for about five hours Friday in John Edwards' campaign corruption trial involving money from wealthy donors that was used to hide his pregnant mistress during his 2008 White House bid. Talks will resume Monday, but the jury has already made several requests for evidence and office supplies, a sign they may be settling in for detailed discussions.


Gene Tests May Not Drive Patients to More Medical Care

FRIDAY, May 18 (HealthDay News) -- Personal genetic testing does not lead to an increased use of health services, a new study finds.

Facebook users weigh in on, well, Facebook

While Facebook's initial public offering Friday had all of Wall Street abuzz, its 900 million users had other things on their minds. They were busy sharing with the world their thoughts about the presidential election, Haitian Flag Day and the weekend.

China solar stocks slump again after U.S. trade move

An employee works on a solar panel production line at a solar company workshop in Yongkang(Reuters) - Solar stocks slumped to fresh lows on Friday as investors continued to punish Chinese solar companies a day after the United States said it would impose new duties on imports from the world's leading solar manufacturer. Suntech Power Holdings was down 4.2 percent, Trina Solar Ltd slid 5 percent and Yingli Green Energy dropped 7.5 percent, extending declines made on Thursday when the U.S. Commerce Department ruled China-based solar companies had violated trade rules and 'dumped' their products in the U.S. at below-market prices. ...


Gov. mistakenly says Facebook invented in Calif.

Apparently, California Gov. Jerry Brown forgot to rent "The Social Network."

Expect lower gas prices heading into Memorial Day

If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

Jobs Available for 'Ninjas' Up 2,505% Since 2006

Jobs Available for 'Ninjas' Up 2,505% Since 2006Need another confirmation that the world of programming is as nerdy as you suspected? Well, today we learn tech employers want recruits to think that they'll be hired as ninjas or Jedis, like we're all living in Kill Bill or Star Wars or something. Just take a look at the 2,505 percent overall increase in the number of jobs described with the word "ninja" since May 2006, according to job site Indeed.com. Similar rises in the number of job listings with "rock star"/"rockster" (810 percent) or with "Jedi" (67 percent) happened since then too.


Intelsat Global files for IPO of up to $1.75 billion

(Reuters) - Intelsat Global Holdings S.A., which provides satellite communications services, filed with U.S. regulators on Friday to raise up to $1.75 billion in an initial public offering of common stock. The Luxembourg-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that Goldman Sachs, J.P. Morgan and Morgan Stanley were underwriting the IPO. The company, posted a net loss of $400 million on revenue of $2.6 billion for the year ended December 31, 2011, according to the regulatory filing. ...

Historic Facebook IPO marred by trading glitches

Recent activity lists SAN FRANCISCO (Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the Nasdaq on Friday as a sky-high valuation and trading glitches capped the stock's rise. In late trading, Facebook shares were only a few cents above the company's initial public offering price of $38, after opening 11 percent higher, rapidly heading south to touch their initial price and then rebounding by several dollars. ...


Historic Facebook IPO marred by trading glitches

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)SAN FRANCISCO (Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the Nasdaq on Friday as a sky-high valuation and trading glitches capped the stock's rise. In late trading, Facebook shares were only a few cents above the company's initial public offering price of $38, after opening 11 percent higher, rapidly heading south to touch their initial price and then rebounding by several dollars. ...


Facebook stock up slightly in public debut

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.


Facebook stock up slightly in public debut

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.


Obama, Hollande hunt for Afghanistan compromise

President Barack Obama meets with French President Francois Hollande, Friday, May 18, 2012, in the Oval Office of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)Visiting French President François Hollande told President Barack Obama on Friday that France's combat troops would leave Afghanistan by year's end and pledged to find a way "for our allies to pursue their mission" in talks at a looming NATO summit. The two leaders also bonded over jokes about fast food, a move that recalled [...]


Facebook IPO averts "odd lot" question

People gather outside NASDAQ Marketsite waiting to see Facebook's share prices posted inside on video monitors in New YorkNEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45.00, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5,000 - considered a threshold for many investors. An order for less than 100 shares is called an odd lot. ...


Facebook investors left guessing after Nasdaq glitch

(Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Facebook shares had been actually executed. The Nasdaq Stock Market, where Facebook is listed, had problems sending electronic messages back to the brokerages that handle orders from individual, or "retail," investors, according to people with direct knowledge of the situation. Because the electronic acknowledgements didn't come back from the exchange, the brokers were unable to tell their clients that trades had been executed. ...

Mexico's Slim eyeing Telekom Austria stake: report

Mexican tycoon Slim speaks during the opening of the World Travel and Tourism Council's The Americas Summit in Playa del CarmenVIENNA (Reuters) - Mexican billionaire Carlos Slim is eyeing a stake in Telekom Austria and is believed to have held initial talks with its two biggest investor groups, Austrian magazine Format reported, without citing sources. It said Slim had been in touch with Ronny Pecik - who with partner Naguib Sawiris has built a 20 percent stake in Telekom Austria - and Austrian state holding company OeIAG, Telekom Austria's biggest shareholder with a 28.4 percent stake. ...


Georgia woman learns toll of flesh-eating bacteria

FILE - This undated photo provided by the family shows Aimee Copeland, the 24-year-old Georgia graduate student fighting to survive a flesh-eating bacterial infection. Copeland has learned she will lose her hands and remaining foot, and responded by saying Faced with the prospect of losing both hands and her one remaining foot, a young Georgia woman battling to survive a case of flesh-eating bacteria that has already claimed one leg mouthed the words "Let's do this."


Ultra-Orthodox plan huge NYC meeting on Net risks

Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.

Ultra-Orthodox plan huge NYC meeting on Net risks

Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.

Facebook stock climbs in public debut

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)Facebook updated its status to "public company" on Friday.


EPA: Mining could affect quality of water, fish

Failure of a large-scale mine planned near the headwaters of one of the world's premier salmon fisheries in Alaska could wipe out or degrade rivers and streams in the region for decades, the U.S. Environmental Protection Agency said in a draft watershed assessment released Friday.

Sector Snap: Social Media stocks tumble

Shares of social media companies tumbled Friday after Facebook made a lackluster stock-market debut amid reports of a slew technical trading glitches.

‘Predatory’ prison phone rates: Civil rights leaders urge reform

What if it cost $17 to make a 15-minute phone call in the U.S.? How often would you call home? That's the dilemma facing many inmates who must rely on the prison phone service and pay sky-high rates. A bipartisan group of prison reformers is calling on the Federal Communications Commission to stop phone companies [...]

EPA: Large mine prospect could affect Alaska fish

The U.S. Environmental Protection Agency says failure of a large-scale mine planned near the headwaters of one of the world's premier salmon fisheries could wipe out or degrade rivers and streams in the region for decades.

Postal employee on workers comp caught running marathon

A U.S. District Court in Florida convicted a former Florida postal worker of health care fraud after she was caught participating in more than 80 long-distance races, including the Boston Marathon, all while taking workers' compensation for a back injury. Jacquelyn V. Myers, 55, was also convicted of making false statements and faces up to [...]

Engineer: Star Trek’s Enterprise ship could be built in 20 years at a cost of $1 trillion

Whether you're a Trekkie or not, you have to admit that there's some sense of wonder toexploring the stars and trying to find life on distant planets. Of course, the U.S.S. Enterprise is a fictional ship, but have you ever put … Continue reading

Star Trek Enterprise could be built in 20 years ... for $1 trillion

Whether you're a Trekkie or not, you have to admit that there's some sense of wonder toexploring the stars and trying to find life on distant planets. Of course, the U.S.S. Enterprise is a fictional ship, but have you ever put … Continue reading

Nasdaq shares fall after Facebook trading delay

Nasdaq OMX Group Inc.'s shares fell following an unexpected delay and possible trading problems in the market debut of Facebook Inc., which went public on the Nasdaq in one of the biggest IPOs ever Friday.

Facebook stock surges as company opens for public trading, up 10% in the first minute

Shares of the social networking company Facebook began trading on the NASDAQ stock market under the ticker symbol FB today. The company didn't begin trading until 11:30 a.m. EDT, slightly later than the proposed starting time of 11 a.m., but once it … Continue reading

Joe Ricketts gave to every GOP candidate, even Gary Johnson

FILE - In this Feb. 16, 2005 file photo, Ameritrade chairman and founder Joe Ricketts talks to shareholders in Omaha, Neb. Republican presidential hopeful Mitt Romney sought to distance himself Thursday from a GOP-leaning independent group's plan for a $10 million TV ad campaign renewing attention to President Barack Obama's ties to his controversial former pastor. Obama's campaign accused Romney of failing to show Billionaire political donor Joe Ricketts clearly has President Barack Obama in his line of fire this election season, as we learned this week. But when it comes to Ricketts writing checks, apparently all Republicans--and even some libertarians--are welcome.


Private rocket secretly carrying celebs to space

When SpaceX launches its Falcon 9 rocket it will secretly be carrying celebrities. Actor James Doohan, who played Scotty on the original "Star Trek" series, died in 2005.

Steve Jobs' Last Wishes

Steve Jobs' Last WishesWithout Steve Jobs here to defend himself, we're seeing a lot of talk about the visionary's last wishes -- the final visions in that brain that the Apple founder never saw to completion. The man was a genius, so it's no surprise he had a lot of ideas bouncing around in there. But even if he may have said some off handed things for ideas, as any creative-type knows, a lot of brainchildren are never born. Let's take a look at how Steve Jobs' last wishes are coming along.


Coulda, woulda, shoulda: Other big tech debuts

A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown ShanghaiThis is a good time to compare the giant social network with some of the other well-known tech outfits of the modern day, such as Google (GOOG), Microsoft (MSFT) and Apple (AAPL).


Tale of the tape: Google versus Facebook

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.

What Kind of 'Mansome' Mustache Are You?

[More from Mashable: Reddit, Tumblr Founders Slam and Cheer Facebook IPO]

A debate: Should you jump in on Facebook debut?

A television photographer shoots the Like sign outside of Facebook headquarters in Menlo Park, Calif., Friday, May 18, 2012. Facebook CEO Mark Zuckerberg symbolically opened trading on the Nasdaq stock market inside Facebook headquarters in Menlo Park. Facebook stock is starting trading today, available to the general public for the first time. The social networking site, which was started in a college dorm room eight years ago, would be valued at more than $100 billion according to the price set for shares ahead of today's trading. (AP Photo/Paul Sakuma)Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.


A debate: Should you jump in on Facebook debut?

A television photographer shoots the Like sign outside of Facebook headquarters in Menlo Park, Calif., Friday, May 18, 2012. Facebook CEO Mark Zuckerberg symbolically opened trading on the Nasdaq stock market inside Facebook headquarters in Menlo Park. Facebook stock is starting trading today, available to the general public for the first time. The social networking site, which was started in a college dorm room eight years ago, would be valued at more than $100 billion according to the price set for shares ahead of today's trading. (AP Photo/Paul Sakuma)Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.


Funny letter from Ronald Reagan to seventh-grader resurfaces

An amusing letter from former President Ronald Reagan in response to a 13-year-old boy's request for disaster relief funds to clean up his room is making the rounds again on social media, thanks to a blog writer. Shaun Usher of Letters of Note tweeted the classic correspondence. Seventh-grader Andy Smith from Irmo, South Carolina, wrote [...]

Obama Campaign Posts Everything You Need to Know About Voting

One key to running a successful political campaign is voter registration. Campaign staff on both sides of the aisle run voter registration drives at all sorts of real-world events -- county fairs, baseball games and town festivals, just to name a few.

Obama Campaign Posts Everything You Need to Know About Voting

One key to running a successful political campaign is voter registration. Campaign staff on both sides of the aisle run voter registration drives at all sorts of real-world events -- county fairs, baseball games and town festivals, just to name a few.

Road to IPO: Milestones in Facebook's history

Key developments in the eight years since Facebook Inc.'s creation:

Ex-Yahoo CEO Thompson leaves F5 Networks' board

(Reuters) - Networking gear maker F5 Networks said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective immediately. Thompson stepped down as Yahoo chief last week, 10 days after activist investor Daniel Loeb accused him of padding his biography by faking a computer science degree. Yahoo did confirm Loeb's allegations, calling the discrepancy in the education records an "inadvertent error." F5 did not cite a reason for Thompson's exit. He had been an independent director on F5's board for 4 years. ...

Facebook stock jumps in public debut

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, applauds at the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.


Romney’s VP vetting process has begun

Mitt Romney Has a John Kerry MomentMitt Romney's campaign has begun the vetting process to find a suitable running mate, a source close to the campaign told The Hill's Alexander Bolton: The team for Beth Myers, the Romney adviser leading the search for the GOP's vice presidential nominee, has already contacted potential running mates.


Facebook stock jumps 10 percent in public debut

Facebook stock is rising more than10 percent in the world's biggest online social network's debut as a publicly traded company.

Is Your Side Business Legal?

Nellie Akalp is the CEO of CorpNet.com, an online legal document filing service, where she helps entrepreneurs incorporate or form an LLC for their new businesses. Connect with Nellie on Twitter or visit her free resource center.
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